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Multichain Shuts Down as CEO Remains Missing in China
/ Blockchain

Multichain Shuts Down as CEO Remains Missing in China

Multichain announced it is terminating operations due to a shortage of operational funds and limited information about its missing CEO.

July 14, 2023
How Multichain’s $126M Collapse Could Be a Rugpull

How Multichain’s $126M Collapse Could Be a Rugpull

Is Multichain drama a rugpull disguised as a hack?

July 11, 2023
MULTI Down 10% Amid Uncertainty Over Rumors of Executives Missing

MULTI Down 10% Amid Uncertainty Over Rumors of Executives Missing

The price of MULTI token fell from $4.49 to $3.99 following the announcement.

June 01, 2023
Multichain Says it Can’t Fix Ongoing Issues as It Is Unable to Contact CEO

Multichain Says it Can’t Fix Ongoing Issues as It Is Unable to Contact CEO

Multichain’s team stated it is unable to resolve the current issues facing the protocol as it lacks the needed access and can’t contact its CEO to obtain the necessary permissions.

May 31, 2023
Multichain Promises to Compensate Users Affected by “Force Majeure” Turmoil

Multichain Promises to Compensate Users Affected by “Force Majeure” Turmoil

After days of mounting concerns, Multichain pledged to compensate users affected by delays caused by “force majeure”.

May 24, 2023